Mathematics, 03.07.2019 21:20 cfigueroablan
Aprimitive economy depends on two basic? goods, yams and pork. production of 1 bushel of yams requires 1/8 bushel of yams and 1/2 of a pig. to produce 1 pig requires 1/6 bushel of yams. find the amount of each commodity that should be produced to get the following.
? (a) 1 bushel of yams and 1 pig
? (b) 200 bushels of yams and 60 pigs
(a) find the? input-output matrix,? a, and the demand? matrix, d, for this economy.
the? input-output matrix is
Answers: 2
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Aprimitive economy depends on two basic? goods, yams and pork. production of 1 bushel of yams requi...
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